Nigeria's Cloud Sovereignty Push: $750M Investment Targeted as Terra Closes Africa's Largest Seed Round

Nigeria's Federal Ministry of Communications, Innovation and Digital Economy has unveiled the National Digital Cloud Policy, mandating cloud-first for all government digital systems. The policy targets $750 million in private investment within 24 months and aims to reverse a status quo where over 90% of Nigeria's digital data sits offshore, costing an estimated $850 million annually in capital flight. Minister Bosun Tijani says Nigeria must move from "consumer of...